Oracle Oracle Certifications 1Z0-1065-22 Questions & Answers

• Question 101:

  Identify five business functions that must be configured in order to implement a complete Procure- to-Pay business process in Oracle Procurement Cloud. (Choose five.)

  A. Incentive Compensation

  B. Purchasing

  C. Requisitioning

  D. Invoicing

  E. Receiving

  F. Inventory

  G. Payments

  Correct Answer: BCDEG

• Question 102:

  Your category manager wants to have the ability to conduct forward auctions in the Sourcing Cloud to liquidate excess inventory. What feature should be enabled to allow this?

  A. Manage Seller Negotiations

  B. Sourcing Programs

  C. Consolidate Negotiation Lines on Purchase Order

  D. Define Default Line Attributes in Negotiations

  E. Capture Forward Auction Negotiations

  Correct Answer: A

• Question 103:

  What two setups are required to implement and enable abstracts with negotiations? (Choose two.)

  A. Create the abstract controls for the negotiation.

  B. Create a negotiation style that supports abstracts.

  C. Enable the suppliers to view the Abstract Listing page.

  D. Create the negotiation controls to support abstracts.

  E. Create the configure negotiation Abstract Listing page.

  Correct Answer: BE

• Question 104:

  What is the earliest point that funds can be reserved for requisitions, during implementation and funds reservation for Budgetary Control?

  A. Funds can be reserved upon approval of the requisition.

  B. Funds can be reserved upon approval of the purchase order.

  C. Funds can be reserved upon creation of the purchase order.

  D. Funds can be reserved upon submission of the requisition.

  Correct Answer: D

• Question 105:

  A replenishment requisition is created with the following details and imported through an open interface in Oracle Procurement Cloud:

  Requisition date

  Correct Answer: C

• Question 106:

  During implementation, the transformation maps that are associated with external-facing interfaces must be modified to map the _______.

  A. fulfillment order line to the extensible flexfield attributes.

  B. enterprise business object attributes to the fulfillment order line.

  C. extensible flexfield attributes to the enterprise business object attributes.

  D. extensible flexfield attributes to the fulfillment order line

  Correct Answer: C

  At implementation time, the transformation maps that are associated with the external-facing interfaces must be modified to map the extensible flexfield attributes to the enterprise business object attributes.

  References:

  http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20386/F476421AN2E51E.htm

• Question 107:

  An automobile parts manufacturer has decided to implement only the Cloud Purchasing product from the Oracle Procurement Cloud pillar. Which setup component will not be required for this implementation?

  A. Purchasing Line Types

  B. Document Styles

  C. Procurement Business Function

  D. Negotiation template

  E. Procurement Agents

  Correct Answer: D

  References: https://docs.oracle.com/cloud/farel8/procurementcs_gs/FASUP/F1175423AN1242E.htm

• Question 108:

  Your customer frequently orders a specific item from a selected list of suppliers. Some of the suppliers provide the item at a negotiated price, whereas other suppliers change the price throughout the year. How should you set up this item in Oracle Procurement Cloud to address both requirements?

  A. Create a Planned Purchase Order for the fixed price supplier and do not create any kind of agreement for the varied price supplier.

  B. Create a Blanket Purchase Agreement for the negotiated price supplier and a Contract Purchase Agreement for the varied price supplier.

  C. Create a Contract Purchase Agreement for the varied price supplier and do not create any kind of agreement for the fixed price supplier.

  D. Create a Contract Purchase Agreement for the fixed price supplier and a Blanket Purchase Agreement for the varied price supplier.

  Correct Answer: B

• Question 109:

  An organization has been receiving incomplete Supplier Profile Data during the supplier onboarding and qualification process. Identify the way to ensure that the required Supplier Profile data is entered by a supplier during the qualification process.

  A. Create an initiative with questions classified by Standards Organization.

  B. Create an initiative with questions mapped to supplier attributes.

  C. Create an initiative with questions Responder Type is internal.

  D. Create an initiative with questions classified by Subject.

  Correct Answer: B

• Question 110:

  You want Supplier Accounts to be created by external supplier users in Supplier Portal. Which Supplier Registration option would allow this?

  A. Global Supplier Registration

  B. Discrete Supplier Registration

  C. Internal Supplier Registration

  D. External Supplier Registration

  Correct Answer: D